New bill on land development may cause apartment price drops - Soboń

A new bill on land development is crucial for acquiring new areas for residential investments Deputy Minister of Investment and Development Artur Soboń said.  He added that the bill may cause apartment price drops. Soboń also said the bill should not make a difference from developers' point of view.  "They plan their investments well in advance, the only way the bill can affect developers is by margins included in the apartment prices," he specified. The new bill should make available for construction additional areas, well located, well communicated and often more affordable, Soboń added.